142
142
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 142
favorite 0
quote 0
>> well, they came over a week ago and can't remember the bush era because they grew the deficits. another thing was saying capito was for the patriot act and that upset the hard core conservatives. every republican senator vot
>> well, they came over a week ago and can't remember the bush era because they grew the deficits. another thing was saying capito was for the patriot act and that upset the hard core conservatives. every republican senator vot
121
121
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 121
favorite 0
quote 0
raging deficits, not enough revenues and we needed to cut some spending, too. we needed to make sure that people got their unemployment benefits. tip o'neill realized that he was speaker of the house. not speaker of the democrats. and he had that magic. the magic to him was 218 votes. and that's what i wish john boehner would do. because if he took a page out of tip o'neill's book, we'll be off this fiscal cliff and i compliment congressman cole for his courage in saying, you know, the president's given us 98%, essentially, of what we want. let's take it and we'll argue over the millionaires and the billionaires later. >> you know, you're probably one of the really key leading progressives in the united states senate. i've watched your heroic campaigns every six years. i'm walls in always in wonder of your ability to stick to principles and win big in the biggest state. how is this going over, the view you're taking now, which we're all in this together to some extent? it has to be a 60/40, something like that, deal. how is that going over with your colleagues
raging deficits, not enough revenues and we needed to cut some spending, too. we needed to make sure that people got their unemployment benefits. tip o'neill realized that he was speaker of the house. not speaker of the democrats. and he had that magic. the magic to him was 218 votes. and that's what i wish john boehner would do. because if he took a page out of tip o'neill's book, we'll be off this fiscal cliff and i compliment congressman cole for his courage in saying, you know, the...
409
409
Nov 25, 2012
11/12
by
CNNW
tv
eye 409
favorite 0
quote 0
we hear from people cut the deficit, expand medicare. we get a very inconsistent set of messages from them. no, i don't feel guilty at all, and i don't feel badly. i think -- i find there's a great commitment to solving the problem, but it gets to the specifics. i was in city hall in boston 44 years ago complaining about people who wanted a swimming pool in a neighborhood and they complaining because the dump trucks were coming in and out digging out the swimming pool and it was bothering them, and i complained to an old security council. he said, hey, kid, ain't you heard the muse? everybody wants to go to heaven, but nobody wants to die. i think that's what i get from too many of constituents. they want us to cut the deficit, but don't raise my taxes and don't cut this and don't cut that and expand this and expand that. we do our best, and i'm not troubled by our inability to do what some of the them want us to do, which is impossible. >> i'm a little troubled sometimes by the thoughtlessness of some people who are quick to criticize a
we hear from people cut the deficit, expand medicare. we get a very inconsistent set of messages from them. no, i don't feel guilty at all, and i don't feel badly. i think -- i find there's a great commitment to solving the problem, but it gets to the specifics. i was in city hall in boston 44 years ago complaining about people who wanted a swimming pool in a neighborhood and they complaining because the dump trucks were coming in and out digging out the swimming pool and it was bothering them,...
130
130
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 130
favorite 0
quote 0
revenue, revenue that you get by asking higher income earners to pay a little bit more to reduce the deficit and so the president was really clear in the campaign and i think it is really important that he take that discussion to the country now because he has said to the congress, the president said to the congress, just extend immediately all the middle class tax cuts and then we can decide what to do with folks at the higher end. again, it is important to understand the president has proposed that everybody get continued tax relief, existing tax rates, on the first $250,000 of family income, so he says let's extend that for everybody right now, but he believes we should ask higher income individuals to pay a little bit more. >> house majority leader eric cantor was on morning joe talking about the grover norquist tax pledge and whether he like other republicans would be willing to jump ship. here is his answer. >> there is a lot that has been said about this pledge and i will tell you when i go to the constituents that have elected and re-elected me, it is not about that pledge. it really
revenue, revenue that you get by asking higher income earners to pay a little bit more to reduce the deficit and so the president was really clear in the campaign and i think it is really important that he take that discussion to the country now because he has said to the congress, the president said to the congress, just extend immediately all the middle class tax cuts and then we can decide what to do with folks at the higher end. again, it is important to understand the president has...
854
854
Nov 26, 2012
11/12
by
KNTV
tv
eye 854
favorite 0
quote 0
. >> the goal here is to get a deal that reduces the deficit, and the battle lines have been pretty clear right now. the president campaigned rolling back the tax breaks for the highest earnings and republicans argued spending cuts are the way to get the deficit under control. are we starting to see a softening of those positions on both sides? >> reporter: here's what there's agreement on. both sides, both parties agree that the wealthiest have to pay more, and the question now and the sticking point at this stage is how do you go about making the wealthiest pay more? do you do it by raising the tax rates? that's what president obama wants to do. wants to raise the tax freights 35% where they are now up to where they were during the clinton years at 39% what. republicans are arguing is you don't have to do that. you can get all of the money or some of the money that you want by getting rid of loopholes so doing full-fledged tacts reform at next year but don't raise the tax rates at all and somehow get rid of the loopholes. the white house says, hey, that math doesn't work. >> let me pick
. >> the goal here is to get a deal that reduces the deficit, and the battle lines have been pretty clear right now. the president campaigned rolling back the tax breaks for the highest earnings and republicans argued spending cuts are the way to get the deficit under control. are we starting to see a softening of those positions on both sides? >> reporter: here's what there's agreement on. both sides, both parties agree that the wealthiest have to pay more, and the question now and...
176
176
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 176
favorite 0
quote 0
it's complete bs to say that this has any deficit implications. it doesn't. this is just a smoke screen. it's a red herring. it's another excuse for not doing what needs to be done. the american people have spoken. the central issue in the campaign was not only tax fairness but raising taxes on the top 2% as a means to help us balance -- get rid of the deficit and eat into the debt. and the american people have said, yes, that's one of the components of the deal. so this is just another smoke screen. it's a delaying tactic. i truly believe that if they keep this up they will pay for it and they will pay for it big time, certainly in the election of 2014. but the sad part is, the nation and people can't wait. we've got to resolve this debt because if we do so, rev, will cause the economy to explode. we will see a resurge in investment, good things happening for the economy. >> congressman ellison, with all of that at stake and clear from every expert that we've heard, it's clear that if we don't solve this problem, if we have the fiscal cliff, if we go over at
it's complete bs to say that this has any deficit implications. it doesn't. this is just a smoke screen. it's a red herring. it's another excuse for not doing what needs to be done. the american people have spoken. the central issue in the campaign was not only tax fairness but raising taxes on the top 2% as a means to help us balance -- get rid of the deficit and eat into the debt. and the american people have said, yes, that's one of the components of the deal. so this is just another smoke...
111
111
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 111
favorite 0
quote 0
shy add, chris, that another really important part of this conversation in addition to long term deficit reduction is making sure that we get sustained economic recovery. we saw some good numbers today, but we want to make sure that we sustain that recovery. and extending middle class text cuts is part of it, but so is investing in our infrastructure, so are other elements of the president's jobs plan that should be part of this overall agreement. >> we have seen several liberal democrats to say that it is better to go off that cliff than to get a bad deal. and i'm wondering if you agree because it seems like the ceos who came out of the meeting with the president yesterday were most worried or at least seriously worried about the effect of not getting a deal on time and the effect that will have on the economy. >> we absolutely want to avoid going over the fiscal cliff because it would be a big drag on the economy. >> but are you willing to do that? >> what we're willing to do is come up with a package that both accelerates economic recovery, but also begins to reduce the long term defi
shy add, chris, that another really important part of this conversation in addition to long term deficit reduction is making sure that we get sustained economic recovery. we saw some good numbers today, but we want to make sure that we sustain that recovery. and extending middle class text cuts is part of it, but so is investing in our infrastructure, so are other elements of the president's jobs plan that should be part of this overall agreement. >> we have seen several liberal democrats...
122
122
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 122
favorite 0
quote 0
at how we reform our entitlements because health care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted that in any deal, tax rates on the wealthy must rise. but a top democrat signaled openness to the republican stance. revenue can be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. there's ways of doing that. >> reporter: with the clock ticking and markets getting nervous, talks begin again this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> nbc's mike viqueira reporting. >>> overseas to egypt where the country's newly elected leader has granted himself unchecked power sparking days of clashes and sending the country's stock market into a freefall. our reporter is in cairo with the very latest. ayman, good morning. >> reporter: good morning. egypt's stock market opened for a second straight day, and it plunged already by 4%. now, that's already a day after it lost 10%, and off
at how we reform our entitlements because health care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted that in any deal, tax rates on the wealthy must rise. but a top democrat signaled openness to the republican stance. revenue can be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. there's ways of doing that. >> reporter: with the clock ticking and markets...
161
161
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 161
favorite 0
quote 0
the deficit will essentially go away. the bad side we're in a deep recession and the deficit will go away. this is an economy that can't afford to have 4% of our spending disappear just next year. we'll see a recession next year almost for sure and for certain. so that's the sense in which i think this is something to worry about. we want -- the recovery is faltering right now and we really don't need congress clubbing it over the head again, pushing us back down yet again. >> yet again. justin, thank you, sir, from the university of michigan. great to have you. >> thanks, alex. >> catch one of the key players in the fiscal cliff negotiations right here on "now" when senator patty murray joins us tomorrow at noon eastern. >>> and coming up after their romney nominee received just over a quarter of the latino vote republicans say they're ready to put up when it comes to comprehensive immigration reform. what are they doing about it? so far putting up a lot of window dressing. the display when telemundo's jose diaz-balart j
the deficit will essentially go away. the bad side we're in a deep recession and the deficit will go away. this is an economy that can't afford to have 4% of our spending disappear just next year. we'll see a recession next year almost for sure and for certain. so that's the sense in which i think this is something to worry about. we want -- the recovery is faltering right now and we really don't need congress clubbing it over the head again, pushing us back down yet again. >> yet again....
208
208
Nov 26, 2012
11/12
by
FOXNEWSW
tv
eye 208
favorite 0
quote 0
. >> let's make sure that revenue is an integral part of deficit reduction. yes, from my side of the table bring entitlement reform into the conversation. social security, set aside. doesn't add to the deficit but when it comes to medicare and medicaid, protect the integrity of the program but give it solvency for more and more years. martha: alabama republican jeff sessions is the ranking member on the senate budget committee. senator sessions good morning. good to have you here today. >> martha, thank you. martha: a lot of talk this morning after these sunday shows and watching both sides talk about this fiscal cliff about who seems to be moving and in what direction. what are you hearing, what are you hearing from lindsey graham who says, quote he is willing to break that pledge on taxes under certain circumstances? what are they really saying? >> i'm not sure what they're saying. there's a lot of this talk going on. i don't know who is speaking for the republican party. the house of representatives where you have a substantial republican majority but the
. >> let's make sure that revenue is an integral part of deficit reduction. yes, from my side of the table bring entitlement reform into the conversation. social security, set aside. doesn't add to the deficit but when it comes to medicare and medicaid, protect the integrity of the program but give it solvency for more and more years. martha: alabama republican jeff sessions is the ranking member on the senate budget committee. senator sessions good morning. good to have you here today....
110
110
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 110
favorite 0
quote 0
what house speaker boehner said demanding that the president's health care law be on the table in the deficit talks, although didn't he tell diane sawyer it was the land of the law? anyway, the cincinnati enquirer saying we can't afford it and can't afford to leave it intack. so, keith, are we -- i mean, is this the same version repeat the first, whatever that is? you know, same old, same old. he told diane sawyer straight to her eyes this is the law of the land. >> i guess the tea party people got to him. there's a story that they called election night and neither one came to answer the phone and reportedly they were asleep. i think they actually were asleep because apparently they slept through the fact we had an election and they lost. they still think that they're going to repeal obama care and john boehner, if he seriously thinks it's up for negotiations in this fiscal cliff talks has to be crazy. out of his mind if president obama or democrats have a reason to give up on something that the american people approved. it is just not going to happen. they need to move on. >> zachary, one th
what house speaker boehner said demanding that the president's health care law be on the table in the deficit talks, although didn't he tell diane sawyer it was the land of the law? anyway, the cincinnati enquirer saying we can't afford it and can't afford to leave it intack. so, keith, are we -- i mean, is this the same version repeat the first, whatever that is? you know, same old, same old. he told diane sawyer straight to her eyes this is the law of the land. >> i guess the tea party...
218
218
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 218
favorite 0
quote 0
that's significant deficit reduction and you don't have to get into all this michigas as my grandma would say about which loopholes you're going to close. when you go that route you run into the same math problem mitt romney had. there's typically not enough revenue to make up for if the upper -- >> i have seen you do the experiment with the glass and it's wonderful. most americans think washington officials will behave like spoiled children, and warren buffett took the gop to school today, quote, let's forget about the rich and ultra rich going on strike and stuffing their ample funds under their mattresses if, gasp, capital gains rates and ordinary income rates are increased. the ultra rich, including me, says mr. buffett, will forever pursue investment opportunities. so he's calling for a minimum tax on millionaires and billionaires. will republicans listen? >> well, it's a sensible way. if we're going to have a deal, we will have to see some kind of compromise. a minimum tax on people making over $1 million a year can generate a half it trillion in a ten-year scale. if you include ded
that's significant deficit reduction and you don't have to get into all this michigas as my grandma would say about which loopholes you're going to close. when you go that route you run into the same math problem mitt romney had. there's typically not enough revenue to make up for if the upper -- >> i have seen you do the experiment with the glass and it's wonderful. most americans think washington officials will behave like spoiled children, and warren buffett took the gop to school...
251
251
Nov 26, 2012
11/12
by
CNNW
tv
eye 251
favorite 0
quote 1
let's have a responsible solution that tackles taxes, that tackles entitlements, that tackles the deficit. let's have a comprehensive approach here that is a serious approach, no more kicking the can down the road. let's do it for real this time. >> fewer contortions usually better. i think we can all agree on that. anna navarro, great to see you any time of day. >>> all right, guys, here's the score card for the no tax pledge. 238 house members and 41 senators have signed the pledge. of those, only three are actually democrats and two of those three democrats will be out of office in january. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> so the heated debate
let's have a responsible solution that tackles taxes, that tackles entitlements, that tackles the deficit. let's have a comprehensive approach here that is a serious approach, no more kicking the can down the road. let's do it for real this time. >> fewer contortions usually better. i think we can all agree on that. anna navarro, great to see you any time of day. >>> all right, guys, here's the score card for the no tax pledge. 238 house members and 41 senators have signed the...
277
277
Nov 23, 2012
11/12
by
FOXNEWSW
tv
eye 277
favorite 0
quote 0
that exploded the deficit tremendously. both of them voted for two wars, even if you think they were necessary, with no offsetting revenue to fund those wars. when you have spending like that that these republicans backed ten years ago, never had a problem with, and all of a sudden now they're saying we've got principles, you know, where were these principles ten years ago? >> first of all, fiscal conservatives like me were screaming at president bush and others who went down -- >> but where was the primary for those people? >> but remember, remember, the deficit that president bush left barack obama with was something like $450 billion which was bad enough. obama and the democrats have nearly quadrupled that every single year since -- >> but -- >> so there's no comparison to be made. big spending is big spending. what you have now is big spending on steroids. >> but if you've got principles as you just talked about, monica, it's not the numbers, it's the principle. where was the principle of primary in these people that di
that exploded the deficit tremendously. both of them voted for two wars, even if you think they were necessary, with no offsetting revenue to fund those wars. when you have spending like that that these republicans backed ten years ago, never had a problem with, and all of a sudden now they're saying we've got principles, you know, where were these principles ten years ago? >> first of all, fiscal conservatives like me were screaming at president bush and others who went down -- >>...
773
773
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 773
favorite 0
quote 0
you know what, i hate deficits. i am a budget hawk. i'm a freak on that stuff. but you know what, we can't balance the budget next year. we can't count -- balance it. we can handle a few more years of deficits if we take care of the long-term debt. >> i agree. asking about one or two specifics. i don't have one or two specifics. because i'm not looking at medicare over the next year or two. it's the next 10, 15 years that medicare and medicaid together cripple us as a country. >> here's a few. gradually increase the medicare age. >> yeah -- >> which is what joe said. >> means testing for social security -- >> i agree. >> and by the way, means testing ought to get more focus. i think there are a lot of higher income earners who are willing to say we're willing to give up benefits. but so -- >> we talk about over time. like, for instance -- >> 10 or 15-year. >> i don't want to raise it over five years. unfair to people banking on this for 30, 40 years but need to raise retirement age. >> i'm 42. i should not, people under 45 should be asked today to make a sacrifi
you know what, i hate deficits. i am a budget hawk. i'm a freak on that stuff. but you know what, we can't balance the budget next year. we can't count -- balance it. we can handle a few more years of deficits if we take care of the long-term debt. >> i agree. asking about one or two specifics. i don't have one or two specifics. because i'm not looking at medicare over the next year or two. it's the next 10, 15 years that medicare and medicaid together cripple us as a country. >>...
350
350
Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 350
favorite 0
quote 0
when president obama was first elected he talked about how to bring down the deficit and campaign promise to cut it in half and he would do it by focusing on entitlement reform. >> steve: there is the national debt right now. >> gretchen: why doesn't he bring the people to the table and say dick dishin. let's put it all on the table and let's talk about them instead of going out on air force one and getting people to use twitter >> chris: the american society of pensional they have a warning called. if congress does change yourr tax rate, there is a possibility that you might have big changes to your 401 k. last time congress made changes in congress. 70 percent of the 401 k contributions droppped and the worry is people will stop putting in and we'll stop save that is never good. >> brian: we are not supposed to be able to tax that. and we'll be able to get it out when we are 81 years old. and the other stories making news. brand new video out of syria show rebels shooting down a military helicopter. you can hear them chanting allah is great. and the chopper plunges to the ground and fir
when president obama was first elected he talked about how to bring down the deficit and campaign promise to cut it in half and he would do it by focusing on entitlement reform. >> steve: there is the national debt right now. >> gretchen: why doesn't he bring the people to the table and say dick dishin. let's put it all on the table and let's talk about them instead of going out on air force one and getting people to use twitter >> chris: the american society of pensional they...
223
223
Nov 27, 2012
11/12
by
CNBC
tv
eye 223
favorite 0
quote 1
we have to talk about comprehensive tax reform and talk about spending cuts and talk about debt and deficit reduction. pulling out an isolated piece like raising rates or taking a mortgage interest deduction or whatever it may be, it doesn't serve a purpose. you have to look at the entire problem. if you don't do that, we're all dead. >> where does norquist fit in? has your own view on the pledge evolved? >> i'm not for increasing tax rates. i'm for reforming the code, raising the base upon which those rates might be applied. i'm not for raising the rates. >> why is this attracting a -- why is revenue in general attracting the share of the debate? i heard complaints that say we're not giving due attention to reform, to entitlements. is it just that taxes are sexy, is that it? >> if the media would stop asking about it we could talk about comprehensive reform of entitlements and of spending. it's a complicated, complex process. if you pull out one part of it and have a debate over that part, you're redirecting america's focus from where it ought to be which is comprehensive reform of spendin
we have to talk about comprehensive tax reform and talk about spending cuts and talk about debt and deficit reduction. pulling out an isolated piece like raising rates or taking a mortgage interest deduction or whatever it may be, it doesn't serve a purpose. you have to look at the entire problem. if you don't do that, we're all dead. >> where does norquist fit in? has your own view on the pledge evolved? >> i'm not for increasing tax rates. i'm for reforming the code, raising the...
177
177
Nov 24, 2012
11/12
by
FBC
tv
eye 177
favorite 0
quote 0
he forecasted a $1.3 trillion deficit. th so that means, if i can figure this out, $2.5 trillion to work with. $1.3 trillion in deficit. $901 billion left for next year. our national deficit iss big pl $16 trillion. everybody knows that. the president's bignt plans, he just wants $1.6 trillion in new taxes.t here is how he wants to get there. first he wants to raise 849 billion. by allowing the bush tax cuts -y there they go. taking him away.f the very first of december of this year. incom incomes of more than $250,000, 849 billion includes 206 billion in higher taxes on dividends. $123 billion on limiting i'm itemized deductions.pital higher taxes on capital gains. then they want to raise another$ $534 billion over 10 years.ten b excuse me,y over two years, by using tax rates.e mortgage payments and -- oh, by the way, that might have ane evr impact on the housing industryby and that could get everybody excited. we have something good going, so mones squash that. the rest would come from raising taxes on commodity traders,
he forecasted a $1.3 trillion deficit. th so that means, if i can figure this out, $2.5 trillion to work with. $1.3 trillion in deficit. $901 billion left for next year. our national deficit iss big pl $16 trillion. everybody knows that. the president's bignt plans, he just wants $1.6 trillion in new taxes.t here is how he wants to get there. first he wants to raise 849 billion. by allowing the bush tax cuts -y there they go. taking him away.f the very first of december of this year. incom...
149
149
Nov 28, 2012
11/12
by
CNNW
tv
eye 149
favorite 0
quote 0
we do have a huge budget deficit. i don't think taxes should be increased on the middle class but we have an almost record percentage of total national income going to the wealthiest 1% of americans. i don't see why they should be let off the hook. why shouldn't they pay their fair share? they are paying a lower tax rate today and effective -- >> that doesn't solve the problem. >> -- in about 80 years and it will help solve the problem because that means more revenues into government. almost everybody, everybody who has looked at this issue, common sense party people, will say that you've got to have some balance between spending cuts and tax increases, particularly on the wealthy. i don't see what the problem is. we had a tax increase on the wealthy in the clinton administration, the economy did tremendously well. we had a tax cut particularly on the wealthy in the bush administration, the george w. bush administration, and very few jobs were created and the median wage started to drop, and that ended in the great re
we do have a huge budget deficit. i don't think taxes should be increased on the middle class but we have an almost record percentage of total national income going to the wealthiest 1% of americans. i don't see why they should be let off the hook. why shouldn't they pay their fair share? they are paying a lower tax rate today and effective -- >> that doesn't solve the problem. >> -- in about 80 years and it will help solve the problem because that means more revenues into...
135
135
Nov 22, 2012
11/12
by
MSNBCW
tv
eye 135
favorite 0
quote 0
. >>> a new study out of sweden suggests teens and adults with attention deficit disorder are 4-7 times more likely than others to break the law and also found the use of adhd medication into adulthood might also help curb crime. >>> to sports we start with two nba overtime games. first atlanta, hitting a long three-point er lifting the hawks over washington, 101-100 and next, russell westbrook had a fading jumper over chris paul. oklahoma city beat l.a. 117-111. >>> now to college basketball, fourth ranked michigan made a second half come back at the nit semifinals. wolverines beat pittsburgh 67-62, to advance in the championship game. >>> a big nfl thanksgiving triple header today. come on, men, you know you're excited, starts with texans at the lions at 12:30 and washington redskins at dallas cowboysed a 4:25 p.m. eastern and patriots at the new york jets at 8:20 on nbc. >>> just ahead, danica patrick's future takes a major turn. >>> and william shatner gets auto-tuned in this deep fried turkey from state farm. it's a little bizarre. take a listen. ♪ i want a deep fried turkey, a m
. >>> a new study out of sweden suggests teens and adults with attention deficit disorder are 4-7 times more likely than others to break the law and also found the use of adhd medication into adulthood might also help curb crime. >>> to sports we start with two nba overtime games. first atlanta, hitting a long three-point er lifting the hawks over washington, 101-100 and next, russell westbrook had a fading jumper over chris paul. oklahoma city beat l.a. 117-111. >>>...
119
119
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 119
favorite 0
quote 0
and that's made it impossible to reach a deficit reduction deal, until now. "the new york times" has an article in which republican after republican after republican goes on the record by name dismissing his pledge and his power. peter king says a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. but each congress is a new congress and you can't have a rule that you're never going to raise or lower taxes. i don't want to rule anything out. senator of georgia said, i'm frankly not concerned about the norquist pledge. senator john mccain said fewer and fewer people are signing this "pledge." it's actually a pledge, but any way. senator coburn called it "a tortured vision of tax purity." and it did you want end there in that article. bill crystal said this. >> let's have a serious debate. don't scream and yell when one person says, it won't kill the country if we raise taxes on millionaires. i don't understand why republicans don't take obama's offer. >> a calmist at the national review wrote, as a matter of political st
and that's made it impossible to reach a deficit reduction deal, until now. "the new york times" has an article in which republican after republican after republican goes on the record by name dismissing his pledge and his power. peter king says a pledge is good at the time you sign it. in 1941 i would have voted to declare war on japan. but each congress is a new congress and you can't have a rule that you're never going to raise or lower taxes. i don't want to rule anything out....
26
26
tv
eye 26
favorite 0
quote 0
it's exactly what happened during the clinton administration group old spending and quadrupled the deficit then in this forward you're going to get all your god has influence or an article written in one thousand nine hundred six that sort of led to believe it that became like the foundation trilogy every really really has for thirty two years this is been this is been the republican party tonight and your eyes are going out to remember the the clinton administration yes first week that bill clinton right after the election the first week after the election when the republicans were screaming about what the national debt there had been no discussion about it at all for twelve years before. or that they were in the wreck during the time the regular radio who knew of her own primary had one hundred ten last pro is not talking about the ready to be much of the jazz radio well yeah george w. bush tries talking about but he was talking about the trade with george not the not the no using sort of the federal budget and george h.w. bush actually wanted to assert the line item veto you know that y
it's exactly what happened during the clinton administration group old spending and quadrupled the deficit then in this forward you're going to get all your god has influence or an article written in one thousand nine hundred six that sort of led to believe it that became like the foundation trilogy every really really has for thirty two years this is been this is been the republican party tonight and your eyes are going out to remember the the clinton administration yes first week that bill...
233
233
Nov 25, 2012
11/12
by
FOXNEWSW
tv
eye 233
favorite 0
quote 1
social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem week. shannon. >> shannon: we wish them much luck. thank you. our worst-case scenario, there isn't a deal. the former economics director it'll peter tracy, tells what did you say to expect if that happens and what will happen if it doesn't. let's talk positive, first. who do you think, if something comes together, will be the key players. >> we need to see president obama move off the position of entitlements and propose real reductions, tangible, real, so there is something to balance with the rather substantial tax proposals. >> shannon: who do you think in
social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem...
248
248
Nov 28, 2012
11/12
by
CNNW
tv
eye 248
favorite 0
quote 1
>> what we need to put on the table in short-term is actual deficit reduction. we can do that through mandatory spending cuts in other areas. we can do it through the tax revenue that the president has called for. i think for instance, speaker of the house decided today to call the measure passed by the bipartisan senate to protect all families making $250,000 or less from any income tax increase december 31st, that would put enough revenue on the front end of this conversation to move us toward a solution. >> but so far i hear from you, in the short-term, no entitlements are on the table. >> only the medicare part of it, i want to be very careful. this means so much and we saw what a mess was made of it by paul ryan's budget, where the actual future of medicare was in doubt with his premium support plan. we don't want to go near that. we want to make sure that medicare, at the end of the day, is a program that is solvent, and we can count on it for generations 20 come. >> so if i'm a republican lawmaker watching this interview i'm saying, okay, he basically has
>> what we need to put on the table in short-term is actual deficit reduction. we can do that through mandatory spending cuts in other areas. we can do it through the tax revenue that the president has called for. i think for instance, speaker of the house decided today to call the measure passed by the bipartisan senate to protect all families making $250,000 or less from any income tax increase december 31st, that would put enough revenue on the front end of this conversation to move us...
274
274
Nov 27, 2012
11/12
by
CNNW
tv
eye 274
favorite 0
quote 0
to reduce the deficit. but it also includes spending cuts. so, we did a trillion dollars in spending cuts as part of the budget control act over the next ten years and we're going to have to continue to implement that. so that's part of the plan. secondly the president's budget actually contains more health care savings than the bipartisan simpson-bowles commission does. he does it in a number of ways. for example he asked pharmaceutical companies to pay higher rebates to drugs for people who are on medicare and medicaid. he reforms the medicap wraparound insurance plan. right now medicare is essentially indirectly subsidizing those plans. so the president actually has substantial savings, not only in health care, but in many other areas. for example he eliminates a lot of the excessive agriculture subsidies. so the president's plan does have that balance of cuts, and revenue. >> interesting that you bring up health care because eric cantor, something we heard from speaker boehner, he would like obama care to be back on the table. i mean, dem
to reduce the deficit. but it also includes spending cuts. so, we did a trillion dollars in spending cuts as part of the budget control act over the next ten years and we're going to have to continue to implement that. so that's part of the plan. secondly the president's budget actually contains more health care savings than the bipartisan simpson-bowles commission does. he does it in a number of ways. for example he asked pharmaceutical companies to pay higher rebates to drugs for people who...
162
162
Nov 25, 2012
11/12
by
MSNBCW
tv
eye 162
favorite 0
quote 0
also look at the fact that walmart has generated trade deficits. when you look at this -- this blew my mind. this is the size that walmart has in our economy. the walmart trade deficits with china eliminated nearly 200,000 u.s. jobs between '01 and 2006. just walmart's decision, right. just that. so on the one hand, like yes, you've got this issue of how these supply chains are connected. but it feels like how else do you lift yourself out of that sort of thing? it's not just sort of what's good in a moral or a ethical sense. there's an economic what good is going on. >> the giant corporations do live in this bubble. the bubble where it's okay to do what they do mord to make more profits or to give bonuses or whatever. i'm not anti- -- in any sort of way. really just understanding that they believe that the hourly workers are super transient. okay, you want to leave. we'll get somebody else. all these people are happy. these people are are are cogs in that wheel. i think what you're doing and the fact that we're discussing this and adding pressure
also look at the fact that walmart has generated trade deficits. when you look at this -- this blew my mind. this is the size that walmart has in our economy. the walmart trade deficits with china eliminated nearly 200,000 u.s. jobs between '01 and 2006. just walmart's decision, right. just that. so on the one hand, like yes, you've got this issue of how these supply chains are connected. but it feels like how else do you lift yourself out of that sort of thing? it's not just sort of what's...
197
197
Nov 26, 2012
11/12
by
FOXNEWSW
tv
eye 197
favorite 0
quote 0
getting hillary clinton, the secretary of state, to get up there and by this time we have attention deficit disorder so i am worried this will fade away like other important issues that end up on the hills supposedly, under investigation. >>neil: but there are a number of folks who think if the administration were to push miss rice forward for secretary of state, it would be inviting acrimony but it would come at an enormous cost. do you grow? >>guest: i do, but what we are seeing is a weird school yard battle. the fact that senators john mccain and graham confronted the president and the president came out and publicly defended we ambassador rice, now you are getting in this weird shoving match where, perhaps, the president feels, as a matter of pride, he will put her forward. she is very smart person, very experienced individual, and the misstep on benghazi, on going out on the public and the sunday morning talk shows five days after the fact and claiming she narrative of the video and the spontaneous protests, she relied purely on the intelligence talking points defies belief so that par
getting hillary clinton, the secretary of state, to get up there and by this time we have attention deficit disorder so i am worried this will fade away like other important issues that end up on the hills supposedly, under investigation. >>neil: but there are a number of folks who think if the administration were to push miss rice forward for secretary of state, it would be inviting acrimony but it would come at an enormous cost. do you grow? >>guest: i do, but what we are seeing...
83
83
Nov 21, 2012
11/12
by
CSPAN2
tv
eye 83
favorite 0
quote 0
there still are training deficit. they are not all fully trained and there will be some attrition at the time. so it's tough to bring the force to capacity. >> from my good as a generator and trainer to the national spectrum if he will double us to the effect on the ground. i would merely highlight that in the early days, this is very much afghan treatment, we focused on quantity, filling the gaps, putting quantity out into the field. what we've started to do now in earnest is consolidate that by which i mean introduce my tactical training and specifically introduce collective command level training so we bring the formation from the field, put them to repackage, which is hopes to consolidate and improve the ansf ability. but it wouldn't necessarily keep me awake at night, but it's a very obvious challenge. it's the next step in developing the ansf. >> it all sounds so perfect. everything is just as it should. >> it doesn't keep you awake at night? >> i can run a herb range of operation issues, but in ansf, what is re
there still are training deficit. they are not all fully trained and there will be some attrition at the time. so it's tough to bring the force to capacity. >> from my good as a generator and trainer to the national spectrum if he will double us to the effect on the ground. i would merely highlight that in the early days, this is very much afghan treatment, we focused on quantity, filling the gaps, putting quantity out into the field. what we've started to do now in earnest is consolidate...
200
200
Nov 25, 2012
11/12
by
MSNBCW
tv
eye 200
favorite 0
quote 0
cutting spending, it has a negative impact but we're running a 40% deficit year in and year out. we have to long term get that better aligned. >>> you're going to get the question, does congress know where the deal is going to come on fiscal cliff ultimately and this is all just posturing? you really don't? >> absolutely not. look, we've been dealing with this for a long time and for every dollar in tacks that you're willing to spend, how do you cure that appetite in an instance? we have hard work ahead of us, no question. >> the rebel group known as m-23 took over a major city. they have plans to move on the capital. it's part of a very bloody, bloody regional war. it's seen atrocity on both sides. it's cost millions of lives. you've been very vocal about it. what should the u.s. be doing here? >> this is the greatest humanitarian crisis that nobody has ever heard of. somewhere between 3 to 4 million people have been killed in the last few years. you have uganda that spilled across the border. the eastern congo is an ungoverned space that many different rebel groups have come in
cutting spending, it has a negative impact but we're running a 40% deficit year in and year out. we have to long term get that better aligned. >>> you're going to get the question, does congress know where the deal is going to come on fiscal cliff ultimately and this is all just posturing? you really don't? >> absolutely not. look, we've been dealing with this for a long time and for every dollar in tacks that you're willing to spend, how do you cure that appetite in an instance?...
265
265
Nov 29, 2012
11/12
by
FOXNEWSW
tv
eye 265
favorite 0
quote 0
they will waste your taxpayer dollars and overspend and continue to raise yourr deficit unbelievable numbers that you can't find on yourr calculator. this is not a deal and kicking the can down the road . hear the president to come to a table and find a deal. who believes that? he had four years to do that and did not do it. >> steve: smoosomeone who will not let the president of the united states raise taxes is john boehner. that is not happening. >> brian: he said revenue on the table don't act like we are not budging. >> steve: tim geithner is showing up. boehner and geithner and company come over and you better have a plan. more on this later on. >> gretchen: now the rest of the headlines. gitmodetainees. are they coming back to america now. or feinstein said possibility. the story came to light after fox news turned up a document. feinstein's office put it on line. that was his first executive order when he was elected president. he said he would close gitmo. it is still open. abbas's turn to ask for palestinian statehood. expected to get his wish . he wants palestine to be upda
they will waste your taxpayer dollars and overspend and continue to raise yourr deficit unbelievable numbers that you can't find on yourr calculator. this is not a deal and kicking the can down the road . hear the president to come to a table and find a deal. who believes that? he had four years to do that and did not do it. >> steve: smoosomeone who will not let the president of the united states raise taxes is john boehner. that is not happening. >> brian: he said revenue on the...
175
175
Nov 29, 2012
11/12
by
FOXNEWSW
tv
eye 175
favorite 0
quote 0
when that happens it makes debt and deficits a lot smaller by comparison because you get more government revenue. you're right, it is absolutely a core principle of republicans we don't want taxes to go up to get more government. if we have tax reform effort that will lower the tax base, get more revenue and fuel economic growth that is something republicans will embrace. there could be revenue generated by closure of loopholes and deductions. we can't accomplish anything by raising tax that is good good for the economy and we're very concerned about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote o
when that happens it makes debt and deficits a lot smaller by comparison because you get more government revenue. you're right, it is absolutely a core principle of republicans we don't want taxes to go up to get more government. if we have tax reform effort that will lower the tax base, get more revenue and fuel economic growth that is something republicans will embrace. there could be revenue generated by closure of loopholes and deductions. we can't accomplish anything by raising tax that is...
603
603
Nov 21, 2012
11/12
by
CURRENT
tv
eye 603
favorite 0
quote 0
cutting it doesn't change the deficit or debt picture. a year or two of extra work, think progress writes may not seem like much with his cushy corner office. for a factory worker or janitor it can be real problems. life expectancy is longer. >> you can't afford a little hike in your taxes? really? >> stephanie: no. >> can i make a request? can we take justin on line one? i want to hear this. >> stephanie: okay. justin in huntington beach. you're on "the stephanie miller show." hi justin. >> caller: hey, guys, how you doing? i don't know if this makes me the world's best father or the world's worst father because my son and i basically raised him watching your show. so but what's really funny is every time he hears reince priebus, he says reince priebus. it doesn't matter whether it is on the radio or in the car. it is pretty hysterical. >> reince priebus. >> stephanie: i'm sorry. do it again justin. >> really loud. reince priebus. [ laughter ] >> stephanie: what's his name? >> his name is logan. >> stephanie: logan. >> caller: if i can d
cutting it doesn't change the deficit or debt picture. a year or two of extra work, think progress writes may not seem like much with his cushy corner office. for a factory worker or janitor it can be real problems. life expectancy is longer. >> you can't afford a little hike in your taxes? really? >> stephanie: no. >> can i make a request? can we take justin on line one? i want to hear this. >> stephanie: okay. justin in huntington beach. you're on "the stephanie...
302
302
Nov 21, 2012
11/12
by
CNBC
tv
eye 302
favorite 0
quote 0
. >>> in global market news, japan logging its fourth straight trade deficit in october. the european debt crisis with china over a territorial dispute actually reduced exports. and we continue to follow the latest developments out of the middle east. secretary of state hillary clinton traveled to the west bank this morning to meet with palestinian president mahmoud abbas. abbas heads the west bank, while the palestinian militant group hamas controls the gaza strip. hamas is considered a terrorist organization by the united states because it continues to refuse to recognize israel as a state. the united states has a policy of not negotiating with terrorist organizations. that's why she's not speaking with anyone in gaza. her visit comes hours after a meeting with israeli officials that lasted late into the night. >>> let's take a look at the markets this morning. we already showed you the futures. they are down slightly. dow futures down by about 23 points. in europe this morning, you'll see that -- also, by the way, a lot happened yesterday. ben bernanke started talking,
. >>> in global market news, japan logging its fourth straight trade deficit in october. the european debt crisis with china over a territorial dispute actually reduced exports. and we continue to follow the latest developments out of the middle east. secretary of state hillary clinton traveled to the west bank this morning to meet with palestinian president mahmoud abbas. abbas heads the west bank, while the palestinian militant group hamas controls the gaza strip. hamas is considered...
262
262
Nov 23, 2012
11/12
by
CNNW
tv
eye 262
favorite 0
quote 0
he wrote in an opinion piece this week that the president's health care reform must be included in deficit negotiations. >>> before you tell your kids a story of christmas, listen up. the pope is out with a new book, and it debunks a lot of details about jesus' birth. more on that later on this hour. >> here on the help desk we're talking about paying down debt and saving for the future. with me this hour are greg olson and carmen. greg, this question is for you. suzanne told us the more she spends on paying off her debt, the less she has to save. >> how do we balance between saving for the future and paying down some credit card debt? >> you know, those bills come in, and you see that debt, and your eyes just pop out of your head. >> it's an easy question, but i'm very glad she asked it because it's something that most people get wrong. unless you have an introductory rate or you're paying a sfwler 0% introductory rate and have the ability to transfer that in the future, low credit card debt rates are considered 12% right now. show me where you can get an investment that's going to net on
he wrote in an opinion piece this week that the president's health care reform must be included in deficit negotiations. >>> before you tell your kids a story of christmas, listen up. the pope is out with a new book, and it debunks a lot of details about jesus' birth. more on that later on this hour. >> here on the help desk we're talking about paying down debt and saving for the future. with me this hour are greg olson and carmen. greg, this question is for you. suzanne told us...
98
98
Nov 24, 2012
11/12
by
FBC
tv
eye 98
favorite 0
quote 0
. $1.3 trillion in deficit. $901 billion, for next year, in deficit and our national debt is now over $16 trillion, and everybody knows that, i don't need to write that down. and, the president's big plan, he wants -- wants $1.6 trillion in new taxes. and here's how he wants to get there. first he wants to raise 8$849 billion over ten years by allowing the bush tax cuts, here they go... away. on the 31st of december, this year. they'll expire for households with incomes more than $250,000, $849 billion, includes $206 billion, of higher taxes on dividends. $123 billion, on limiting itemized deductions. $36 billion, higher taxes on capital gains. and, next, the white house want to raise another $584 billion, over ten years... $584 billion, of that, over ten years by reducing the value of certain tax breaks, cutting tax breaks related to charitable contributions and, by the way it may have an impact on the housing industry and that should get everybody a little excited. we have something good going here as the saying goes now, in the housing industry and let's quash that. the rest of the
. $1.3 trillion in deficit. $901 billion, for next year, in deficit and our national debt is now over $16 trillion, and everybody knows that, i don't need to write that down. and, the president's big plan, he wants -- wants $1.6 trillion in new taxes. and here's how he wants to get there. first he wants to raise 8$849 billion over ten years by allowing the bush tax cuts, here they go... away. on the 31st of december, this year. they'll expire for households with incomes more than $250,000, $849...
131
131
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 131
favorite 0
quote 0
with the president today were on top of the game, top of the issues understood the solution to the deficit plan. >> what grows jobs in america are consumers spending money. and the average person needs that $2,000 in his pocket to drive the economy. saying that tax breaks for the rich drive consumers lower down to spend is like saying you could start your car by pouring gasoline on the hood. there's no proof, there's no factual data to support it. it's completely a sham to say that. >> and he's a business owner. we need more members of congress to sound like that. if the president is trying to achieve solidarity on raising the top tax rate, these are the voices that can come through for them with that message in a big way. an owner of an automobile supply company says she supports the plan even if it means her own personal rates will go up. . >> i would have higher tax rates, but r more important and more crucial, the middle class would be spending about $3,000 more. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250
with the president today were on top of the game, top of the issues understood the solution to the deficit plan. >> what grows jobs in america are consumers spending money. and the average person needs that $2,000 in his pocket to drive the economy. saying that tax breaks for the rich drive consumers lower down to spend is like saying you could start your car by pouring gasoline on the hood. there's no proof, there's no factual data to support it. it's completely a sham to say that....
1,330
1.3K
Nov 28, 2012
11/12
by
CNNW
tv
eye 1,330
favorite 0
quote 0
a lot of the other issues surrounding deficit deduction are going to be a whole lot easier. and if we get this wrong, the economy is going to go south. it's going to be much more difficult for us to balance our budgets and deal with our deficits because if the economy's not strong, that means more money's going out and things like unemployment insurance and less money is coming in in terms of tax receipts and it just actually makes our deficit worse. so we really need to get this right. i can only do it with the help of the american people. so tweet -- what was that again? my2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a sense of urgency. we don't have a lot of time. we have a few weeks to get this done. we could get it done tomorrow. now, optimistically i don't think we're going to get it done tomorrow. but i tell you, if everybody here goes out of their way to make their voices heard and spread the word to your friends and family and co-workers and neighbs, i am confident that we will get it done and we will put america on t
a lot of the other issues surrounding deficit deduction are going to be a whole lot easier. and if we get this wrong, the economy is going to go south. it's going to be much more difficult for us to balance our budgets and deal with our deficits because if the economy's not strong, that means more money's going out and things like unemployment insurance and less money is coming in in terms of tax receipts and it just actually makes our deficit worse. so we really need to get this right. i can...
162
162
Nov 29, 2012
11/12
by
CURRENT
tv
eye 162
favorite 0
quote 0
oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and write it off in their taxes $20 million a year ceos from these corporations, and continue to spread the hysteria and--and if their plan goes through the austerity plan, they and their company and their bonuses are actually the only thing that is going to improve in this economy. >> eliot: as they have over the past couple of years. income disparity is worse and worse and incomes are going up. lloyd blankfein telling people that they people should not expect to work for 25 years and then retire for 30. i don't think he understands what social security is all about. >>> the hispanic caucus said no today
oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and...
198
198
Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 198
favorite 0
quote 0
martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current president martha maccallum and his power grab. they are disillusioned with what he has brought to their country. then you have this happening. police firing teargas. gypt's highest courts refusing to work in protest of morsi's actions. steve harrigan is streaming live from cairo. the protests looked like the unrest we sa
martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and...
163
163
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 163
favorite 0
quote 0
deficit reduction. that's probably a little too much out of revenues over the short term. so let's go back to child tax credit and some middle income tax relief and that, but let's keep a substantial portion of that revenue and we don't have to the talking about stupid across the board cuts and do more targeted cutses in programs that need cutting and bolster those that need bolstering. one thing it, no one's talking about within-third of the deficit is due to high unemployment. we should be talking about investment that will put americans back to work and that takes care of a third of the deficit. if you're talking about a grand bargain, okay, revenues putting people back to work and then we'll talking about cuts. >> that's a profound point. all of a sudden we're supposed to go into this grand bargain of medicare and medicaid because we went through recession and the tax base was low because there was a lot of people unemployed for months on end and we had to invest in the economy to where we've got it
deficit reduction. that's probably a little too much out of revenues over the short term. so let's go back to child tax credit and some middle income tax relief and that, but let's keep a substantial portion of that revenue and we don't have to the talking about stupid across the board cuts and do more targeted cutses in programs that need cutting and bolster those that need bolstering. one thing it, no one's talking about within-third of the deficit is due to high unemployment. we should be...
170
170
Nov 26, 2012
11/12
by
CNBC
tv
eye 170
favorite 0
quote 0
. >> we should address the drivers of the deficit. social security is not currently a driver of the deficit. that's an economic pact. while the president supports engaging with congress on a separate tract to strengthen social security, for entitlements we need to look at medicare and medicaid. >> joining to us talk about that and more is alan krueger, chairman of the council of economic advisers. can you help us interpret what jay carney just said? a lot of republicans have gone into this debate and discussion saying, you want more in taxes but in the same time we have to have entitlement reform. is he taking that off the table, mr. krueger? >> the president has pursued a balanced approach all along. he's had entitlement reform on the table. if you look at budgets, there are tough decisions there relating to health care costs, which are driving our deficits. additional revenue from upper income earners. >> medicare is still on the table when it comes to discussions about the fiscal cliff but not social security? what exactly are we t
. >> we should address the drivers of the deficit. social security is not currently a driver of the deficit. that's an economic pact. while the president supports engaging with congress on a separate tract to strengthen social security, for entitlements we need to look at medicare and medicaid. >> joining to us talk about that and more is alan krueger, chairman of the council of economic advisers. can you help us interpret what jay carney just said? a lot of republicans have gone...
198
198
Nov 27, 2012
11/12
by
CNBC
tv
eye 198
favorite 0
quote 0
interest rates are going down because they can't get a hands l on the deficit because stocks are going down. that's the reality we're dealing with. consumer confidence this morning, listen, i'm worried about the fiscal cliff. i have my button on. anybody who tries to put words in the general public's mouth about the fiscal cliff, these confidence numbers dispel that notion that they're worried. they probably don't even really know the details. >> david kudlow, you are taking something of a risk-on strategy. you're going with the high-growth, high-dividend plays in this market, aren't you? >> yeah, we are. it's a strategy that's worked quite well p the uncertainty we've had over the fiscal cliff. with the positive economic data coming in, high-growth areas have done well for us. hi areas have helped diversify and steady the portfolio. >> you're not worried about impact that the fiscal cliff could have on the tax treatment of dividends out there? you get all these companies imposing early dividends, special dividends to try and slip it in before the end of the year. yet, you're still buy
interest rates are going down because they can't get a hands l on the deficit because stocks are going down. that's the reality we're dealing with. consumer confidence this morning, listen, i'm worried about the fiscal cliff. i have my button on. anybody who tries to put words in the general public's mouth about the fiscal cliff, these confidence numbers dispel that notion that they're worried. they probably don't even really know the details. >> david kudlow, you are taking something of...
127
127
Nov 28, 2012
11/12
by
FBC
tv
eye 127
favorite 0
quote 0
congressional aides say they haveve received no and buy from the white house for another deficit meeting. instead, the president is hosting small business leaders, ceos, and heading to philadelphia to sell his position on taxes. a spokesman for the house speaker says the president should be focusing on congressional democrats who republicans they refuse to offer necessary spending cuts. other republicans id democrats are simply continuing election season. >> this seems like our fend on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. >> we are all here, this administration and those who have been elected to congress, to erve the iraqi people. to suggest that we should, now that the election is over, stop talking to them about these vital issues i think is bad advice. >> republicans also planted a little campaigning themselves. house republicans we will visit local small-business is to emphasize that threat to jobs posed by congressional democrats small business tax hike. gerri: thank you for that. we will watch out for those nak
congressional aides say they haveve received no and buy from the white house for another deficit meeting. instead, the president is hosting small business leaders, ceos, and heading to philadelphia to sell his position on taxes. a spokesman for the house speaker says the president should be focusing on congressional democrats who republicans they refuse to offer necessary spending cuts. other republicans id democrats are simply continuing election season. >> this seems like our fend on...
186
186
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 186
favorite 0
quote 1
that begins to reduce your deficit right there. so it's win/win. >> terry, i got to say, this is music to my ears. i read your column. i really liked it. you say it's the jobs crisis that needs to be addressed right away. you say lowering unemployment is probably the single most important thing we can do to reduce the federal budget deficit over the next few years. no complaints from me. no argument there. i'm just wondering, though, where were these criticisms of president obama last year? i went through your press releases from last year. and i have them in front of me. it's domestic violence, marriage equality, war on women, richard murdoch, love your body day, abortion ban, war on women, abortion, i mean, on and on and on. i don't see anything in here that talks about the unemployment crisis. why now? >> actually, we have been talking about the unemployment crisis. i'll send you all the materials that we've put out about that previously. one of the things that we actually spent an enormous amount of time and resources on last y
that begins to reduce your deficit right there. so it's win/win. >> terry, i got to say, this is music to my ears. i read your column. i really liked it. you say it's the jobs crisis that needs to be addressed right away. you say lowering unemployment is probably the single most important thing we can do to reduce the federal budget deficit over the next few years. no complaints from me. no argument there. i'm just wondering, though, where were these criticisms of president obama last...
187
187
Nov 28, 2012
11/12
by
CURRENT
tv
eye 187
favorite 0
quote 0
that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of the world acknowledge there was some disparities the ratio of ceo to comp that was crazy and they said we're going to pare that back. >> the compensation is out of whack. we got bailed out. we haven't been criminally prosecuted. the stock market has doubled. stock market has doubled under the obama administration. who we don't like. who we fought valiantly to try to defeat. they would have a lot more credibility if they said that. again, i made the argument that you know, whatever it is, the business of the american people, you know, used to be general motors. it
that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of...
81
81
Nov 22, 2012
11/12
by
FBC
tv
eye 81
favorite 0
quote 0
most impressive things is i don't really think the american people really care that much about the deficit. they certainly didn't vote as if they did. when it comes to these entitlement programs, no matter what your party is and whether you agree with paul ryan or not, he did put bold initiatives to try to bring these costs down and people rejected it. i thk we took a step back in the last election in terms of fixing the programs. >> having said that, a lot of people say i paid into social security and i deserve that. i don't see how medicaid can hold out. i think that's going to collapse a lot sooner than any economist we be forecast. >> there's a good reason why i agree with you. that may be the fastest entitlement program. here is the reason why. not because it's bankrupting washington, because they have been for 15 years. the reason is because it's bankrupting the state. states pay about 40% of the cost and every governor that i talk to, they say that we can't afford this anymore. it is becoming the top of our budget. i agree with you. that could be the program that we fix first. charl
most impressive things is i don't really think the american people really care that much about the deficit. they certainly didn't vote as if they did. when it comes to these entitlement programs, no matter what your party is and whether you agree with paul ryan or not, he did put bold initiatives to try to bring these costs down and people rejected it. i thk we took a step back in the last election in terms of fixing the programs. >> having said that, a lot of people say i paid into...